Performance evaluation of the use of accumulating systems in the power industry

Under rapid surges in gas prices, the difference in the costs of electric power production between peak (and half-peak) and base load plants is quickly increasing, so that accumulating systems that allow transfer of cheap night energy to peak and daytime zones have proved highly efficient. A method...

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Bibliographic Details
Published in:Studies on Russian economic development 2010-03, Vol.21 (2), p.132-145
Main Authors: Volkonskii, V. A., Kuzovkin, A. I., Chakhovskii, V. M., Glukhova, M. V., Yemets, A. I.
Format: Article
Language:English
Subjects:
Analysis
Capital costs
Consumption
Economic theory
Economics
Economics and Finance
Efficiency
Electric power
Electric utilities
Electricity distribution
Energy
Gasoline prices
Heat
High temperature
Industries and Interindustry Complexes
International Economics
Nuclear power plants
Performance evaluation
Phase transitions
Prices
Studies
Tariffs
Time zones
Water shortages
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Summary:Under rapid surges in gas prices, the difference in the costs of electric power production between peak (and half-peak) and base load plants is quickly increasing, so that accumulating systems that allow transfer of cheap night energy to peak and daytime zones have proved highly efficient. A method to evaluate the economic efficiency of such accumulating systems is presented, which is based on model simulation in order to find the optimal tariffs differentiated by time zones.
ISSN:1075-7007
1531-8664
DOI:10.1134/S1075700710020036